Amazing - some guy we do not know well and not yet elected puts his hand up to be chairman and the share price (sorry for the pun) goes up 50%. Shows desperation by PPX and a belief in corporate messiah theory.
He may well prove to be very innovative and switched on, but that presumes he is a one-man band without other directors having a say or a vote. The fundamentals have not changed unless someone knows what the half-year accounts show the residual value of PPX is after allowing for PXUPA.
Having a problem from bottom-up analysis showing the PPX to be worth more than about 4 cps.
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